Obama and the G-20: Is It 1933 All Over Again?

The newspapers these days say you have to go back three-quarters of a century to grasp the significance of this week's Group of 20 summit of world leaders. Reminiscent of the meeting of leaders of the world's largest industrial and developing nations set for Apr. 2, the June 1933 World Economic Conference assembled 20 foreign ministers, eight prime ministers, and one king from 66 countries to present a common front against the Great Depression.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.